Gallatin, TN
Housing market overview · Updated weekly
$434,990median sale price
Homes sold
71
Last 12 weeks
Days on market
85
Average pace
Active listings
392
5.5 months supply
Sale-to-list
98.9%
Below asking
The Gallatin housing market is currently classified as a buyer's market with a median sale price of $434,990. Prices have risen 5.6% compared to last year, with homes spending an average of 85 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Gallatin?
The median home sale price in Gallatin is $434,990, up 5.6% from last year.
How long do homes stay on market in Gallatin?
Homes typically spend 85 days on market before going under contract.
Is Gallatin a buyer's or seller's market?
With 5.5 months of supply, Gallatin is currently a buyer's market.
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